African Scholar Journal of Management Science and Entrepreneurship Vol. 20 No. 7


VOL. 20 NO. 7 MARCH, 2021 ISSN: 2276 – 0732



Published by:

African Scholar Publications and Research International,

Centre for African Studies,

University of Ibadan, PO Box 10108, U.I. Post Office,

Ibadan, Oyo State, Nigeria – West Africa.



Copyright © 2021 African Scholar Publications and Research International.


Examining the Influence of Work-Life Balance on Profitability of Brewery Industry in Nigeria


*Popoola, Olusoji David (PhD); **Akpoguma, Agi Basil (Ph.D)

*Department of Sociology &Anthropology, Igbinedion University Okada, Edo State, Nigeria **Bursary Department, University Of Benin, Benin City, Edo State, Nigeria



The quest for an alternative source of national income by successive administration has given rise to increasing attention on the performances of the Brewery industries in Nigeria. However, the Brewery industry is bedeviled with a lot of profitability problems due to the imbalances in employees’ work-life. This paper, therefore, examined the influence of work-life balance on the Profitability of some selected Brewery Companies in Nigeria. Time management, work leave policy, job sharing, and leisure management are used as independent variables to measures work-life balance (WLB) and net profit from the audited account of the Nigerian Brewery Plc, Guinness Nigeria plc. and Coca-Cola Bottling Company are dependent variables. The paper hypothesized a no significant influence of work-life balance on the profitability of the selected companies. Data were obtained using the questionnaire method and the analysis conducted using linear multiple regression. Results confirmed no significant joint influence of the five measures of work-life balance on profitability but individually, job sharing significantly and positively influenced Profitability across the three selected companies. The study concludes that, while the work-life balance was important for optimal performance of employees in the brewery industry, certain intervening factors moderate the impact of the measures of WLB on Profitability in the Brewery industry in Nigeria. To improve profitability, therefore, the Brewery industry should identify and work on these intervening factors. The Federal Government through the Bank of Industry should support the Brewery industries so that their profitability can improve and thereby contributes to the National Income. 

Keyword: Brewery Industry, Employees, Nigeria, Profitability, Work-life Balance




Bank Loan and Small Business Profitability in Plateau State


*Christopher Osega Otubor; Joshua Chibi Dariye; **Ibraheem Rislan Idris; & ***Adeoye Vincent Oluseyi

*Accounting & Finance, University of Jos, Jos **Department of Marketing, University of Jos, Jos, Plateau State ***Department of Banking and Finance, University of Jos



The research set out to examine bank loan and small business profitability, key to the sustenance of small business in Jos, Plateau State. The research examined the existed relationship between bank loans and small businesses in Jos, Plateau State.  The study adopted the descriptive survey design with population of 550. Only 435 responded and collected from small business where the age bracket ranges from twenty-five years and above. The source of data used for this research was primary source and the instrument for the data collection was a self-administered questionnaire. The questionnaire used for this study was in a nature of five-point Likert-scale, validated by six senior lecturers in related field. The method of data analysis was by linear regression employed to test the hypothesis to examine the effect of bank loan on small business profitability. Finding showed that bank loan had significant positive effect on small business profitability in Plateau State. In conclusion, small business and bank loan are mutually inclusive in relationship. Recommendation was small business should re-strategies to continuously sought out bank loan to increase small business activities to enable profitability in business.

Keywords: Bank, Loan, Small, Business, Profitability




Firm Attributes and Corporate Voluntary Information Disclosure by Listed Indusrial Goodsfirms in Nigeria


*Abubakar Abubakar; **Ahmed Mogauri Yusuf; ***Abba Kabiralkantara; & ****Buhari Ahmadu

*Department of Accounting, Federal University of Kashere, Nigeria, **Department of Accounting, Gombe State Polytechnic Bajoga, Nigeria, ***Department of Business Administration, Federal University of Kashere, Nigeria, ****Department of Business Education, Federal College of Education Technical, Gombe, Nigeria.



This study examines impact of firm attributes on corporate disclosureby listed industrial goods firms in Nigeria over the period of 10 years (2010-2019). The study used census sampling technique to arrive at sample size of ten (15)industrial goodsfirms listed the floor of Nigerian Stock Exchange as at 2019. Secondary data extracted from annual reports and accounts of the sampled firms and the was analyzed using multiple regression. The regression result shows thatfirm size, profitability, leverage, age and auditor type has a positive and significant impact corporate information disclosure of the sampled firms, while liquidity and asset in place has positive and insignificant impact on corporate information disclosure. Based on the findings is conclude that larger firms, profitable firms, more levered firm, older firm and company audited by big audit firms disclosed more information in their annual report and accounts.  Therefore, the study recommends among that the management of industrial goods firm in Nigeria ought to ensure that firms assets are carefully utilized and replace as when due, as this improves voluntary accounting information disclosure.

Keywords: Asset in place, Auditor type, Corporate, Disclosure, Industrial, Goods, Firms, and Nigeria.




Effect of Employee Participation and Empowerment on Effective Decision Making: A Study of Kano Electricity Distribution Company (KEDCO)


*Mohammed Usman; *Ass. Prof. Mohammed Musa Kirfi; **Basiru Garba Adams; & **Adamu Gaundo

*Department of Accounting and Business Administration, Federal University of Kashere Gombe State, Nigeria **Department of Administration and Entrepreneurship, Bayero University Kano



It  needs not to be forgotten that the success and competing power of  organization depend on committed, highly motivated, satisfied and innovative human resources. While discussion of employee participation and empowerment has been prevalent in the popular literature for many years, however, this concept needs to be an ongoing study by researchers due to rapidly changing business environment. The main aim of the paper is to find out the effect of employee participation and empowerment on effective decision making in Kano Electricity Distribution Company (KEDCO). The research used closed ended questionnaire, in which a sample of 80 out of 100 employees were selected as the respondents using Morgan’s table. Questionnaires were filled and return. Correlation and regression analysis was taken through Statistical Package for Social Sciences (SPSS).The result found that, there is a significant relationship between employee participation and empowerment on effective decision making in KEDCO. As a result of that, the study recommended that the management of KEDCO should make more information available to employees toward making them to participate fully in decision of the organization. The study further recommended that the employees should also be empowered to serve as the basis of their motivation and satisfaction in the organization. By doing so, the organization would continue to have more effective decision which will lead to the competitiveness of the organization.

Keywords: Employee Participation, Employee Empowerment, Effective Decision




Impact of Communication on Customers’ Satisfaction in Hospitality Industry in Kwara State, Nigeria


Adeyemi Abdulwasiu Adebayo

Department of Business and Entrepreneurship, School of Business and Governance, Kwara State University, Malete Nigeria.



This research examined the relationship between effective communication and customer`s satisfaction with a particular reference to hospitality industry in kwara State. It is aimed at finding out the extent to which effective communication helps customer`s satisfaction in Kwara State. In an attempt to establish the thrust of this research, primary and secondary data were generated. Secondary data were sourced from articles textbook and journals and primary data was generated through self-administered questionnaire. Both descriptive and inferential statistics were utilized for data analysis with the aid of statistics package for social science. Descriptive data was analyzed using simple percentage table and regression analytical tools were used to test the hypothesis. From the empirical result obtained, it was discovered that (communication channel and message design) considered in this study were predictors of customer satisfaction. The result also showed that there was a significant relationship between communication channel and customer loyalty. Based on the findings from the study, it was recommended that both management and junior staff should develop more interest in best communication strategies to retain both new and old customers.

Keywords: Effective communication, Customer`s Performance, Communication channel, Customer loyalty and message design




Assessment of Economic Relevance of Moringa Oleifera to its Farmers and Marketers in Katsina State


Aisha Danjuma Muhammad1, Muhammad Buhari1, Ibrahim Adam Tahir2

1Department of Business Education, Federal College of Education, Katsina. 2Department of Biology,Federal College of Education, Katsina



This research assessed the economic relevance of Moringa oliefera to the farmers and marketers in Katsina state this was prompted due to inadequate information in terms of the quantity of leaves and seeds produced and the turnover of Moringa in the study area. The research is a survey where twenty-four(24) M.oliefera farmers and sixty-five(75) M.oliefera marketers respectively were randomly sampled within nine(9) local government areas selected from the thirty-four LGAs’.Survey and interview were methods employed for data collection from farmers and marketers in the selected local government Areas.It was found that majority of Moringa farmers and marketers in the study areas are aged and receive no assistance from the government. Just as there is difference between farmers prices and marketers prices of Moringa(t-cal6.160 >t-tab 6.030  df 8 at 0.05 level of significance),  so also is there a difference between the demand of Moring leaves and seeds in the state(t-cal 11.170> t-tab 2.306 df 8 at 0.05 level of significance), implying that the business is not only gainful in the state but Moringa leaves are used for nutritional and medicinal purposes in the state.It was recommended that the state government  should not only enlighten the youths on the need for Moringa farming and marketing but as well provide the needed assistance to Moringa farmers and marketers so as not to eliminate the production and marketing of the product in the near future in the state.

Keywords: Moringa oliefera, farms, markets,Katsina and survey.




The Impact of the Privatization of the Power Sector on the Economic Growth and Development of Nigeria. (A Descriptive Perspective)


Asore E. Patricia (Mrs.)

Department of Marketing, Auchi Polytechnic, Auchi, Edo state.



The Electricity sector in Nigeria generates, transmits and distributes megawatts of electric power that is significantly less than what is needed to meet basic household and industrial needs. Despite a rapidly growing economy, with some of the world’s largest deposits of coal, oil, hydropower, gas, and solar resources and the country’s status as Africa’s largest oil producer; limitations in the power sector constrain economic growth and development. Post-privatization progress in the power sector had been stunted by various deep-etched challenges. The purpose of the study is to find out the impact of the privatization of the power sector on the economic growth and development of Nigeria. The study is a descriptive study that  covers amongst others, an overview of the power sector in Nigeria, power generation in Nigeria (with a look at  the Gencos and Discos), issues and  challengers arising from the  privatization  of the power sector in Nigeria, and power demand and supply deficit in Nigeria. The findings show that Some of the problems associated with power  problems include  the adoption  of a flawed privatization model, constant gas shortages, electricity theft, illiquidity problems, estimated billing, low electricity pricing (from the point of view of the suppliers), inadequate infrastructure for the transmission of the electric power and so on. Recommendations made include  that Nigeria should invest more on renewable electricity generation technologies which  harness a naturally existing energy flux, such as wind, sun, heat, or tides, and converts that flux to electricity .Implement a true cost-reflective tariff to encourage more efficient service delivery and enable cost recovery for the investors in the sector. Bolster the distribution network by expanding metering, completing customer and asset enumeration, and conducting energy demand studies. Reform the gas sector by adjusting gas prices to be cost-reflective, clearing outstanding debts to suppliers, signing pending supply and transportation agreement, and reinforcing risk mitigation requirements.  Gas supply commitments, and many others.

Keywords: Privatization, electricity theft, Covid-19, economic development, economic growth, transmission network, and flawed privatization model




An Analysis of Credit Management in the Banking Industry of Keystone Bank Limited Bauchi Branch


Alhaji Kawugana PhD

Federal Polytechnic Bauchi, Dass Road Opp Gwallameji, P.M.B.0231 Bauchi State Nigeria



This study is aimed at analyzing the credit management in the banking industry in Nigeria with particular reference to Keystone Bank Limited Bauchi Branch. The significance role played by credit in the economic growth and development of a country cannot be over emphasized. The study employed a survey research design and the population consisted of 300 respondents. Primary data was used One hundred (200) Questionnaires administered to bank customers and staffs randomly which cover the sample size was used in generating data for the study. Data collected was analyzed using frequency table, percentage while the non-parametric statistical test Chi-square were used to test the formulated hypotheses to analyze credit management in the banking industry. The results of the findings shows that analysis of credit management improve banks quality performance of loans through proper collection of necessary documentation from their customers. Therefore, the following recommendations were made that banks should establish sound and competent credit management unit and recruit well motivated staff. They should as well ensure that the chief executive avoid approval in principle in the credit management. They should have a monitoring and control unit or department to carry out a sort of post-modern exercise that control and monitor credit facilities and also ensure completeness of all conditions precedent to draw down. Prior to the above details and guides Bank credit management will be improves, if banks effectively and strictly adhere to them in the course of business in order to achieve the objectives of the banks as profit maximization industries.

Keywords: Analysis, Credit, Management, Banking Industry




Impact of Consumer Oriented Sales Promotion on Repeat Purchase in Nigeria: A Study of MTN Nigeria PLC, Kano


Bello Kasim Sanusi

Department of Business Administration and Management, Federal Polytechnic Bali, Taraba State



The uncertainty surrounding the nature of the consumers’ responses to the promotional activities has necessitated this study. The main purpose of this study is to explore the impact of consumer-oriented sales promotion tools on repeat purchases of MTN subscribers in Kano metropolis. The study adopted a descriptive survey and targeted a population of 5,480,694 subscribers of MTN services in Kano metropolis. A sample of 384 respondents were served with a structured, adopted and modified questionnaires using simple random sampling technique through the use of Krejcie and Morgan (1970) table of sample size determination. To answer the research questions, four hypotheses are formulated: price discount, coupons, buy-on-get-one free, and free samples) have significant positive impact on repurchase intention. Data was analyzed using SPSS version 21 and regression analysis was used at 5% level of confidence to test the hypotheses, determine the effect and the relationship between variables under study. Findings from this study revealed a significant positive impact of three independent variables (buy one get one free, free sample and price discount) on the dependent variable (repeat purchase) while coupons promotion does not predict repeat purchase. Therefore, the study indicated that, MTN Nigeria Plc. should pay more attention on buy one get one free, free sample and price discount tools of sales promotion in order to influence subscribers to continue patronizing their services. In addition, the management of the company, through their marketing department, should embark on serious awareness campaign for mobile subscribers to fully understand the benefits accrued to using coupon through orientations and integrated media communication.

Keywords: Sales Promotion, Discount, Coupon, Free Sample, Repeat Purchase, Kano




Employee Turnover; Causes and Effects


Chukwuezi Franklin Nzubechukwu; 1Okeke Raymond Njelita; 1Onwumere Chinasa; 2 Ani Anthony Ejike

1Department of Business Administration and Management, Imo state Polytechnic, Umuagwo 2Entrepreneurship development unit, Tansian University, Umunya.                                           



Turnover has been an issue for contemporary research. This research was on employee turnover, its causes and effects. The problem that necessitated the conduct of this research was the adverse effects such as decreased profit, productivity and increased workload which turnover has on organizations. The aim of the study was to ascertain the causes and effects of employee turnover in organizations. The researchers adopted the literature review approach and as well distributed 100 questionnaires to staff of selected organizations. Their responses were tabulated and analyzed using simple percentages. It was discovered that factors such as pay satisfaction, lack of career progression, job satisfaction, employer-employee relationship, alternative employment opportunity amongst others causes high rate of turnover. The effects of these movements are decreased productivity and profit, loss of training cost and increased workload. The study recommended that employees should be fairly compensated. Also, managers should adopt styles that give employees sense of belonging.

Keywords: Employee turnover, Productivity, profitability, Job satisfaction, Pay satisfaction.




Human Capital Development and Industrial Sector in Nigeria


*Dr (Mrs) Titilola Oshati; *Musa Florence Charles; & **Ahuchaogu Ndubuisi

*Productivity Capacity Building (PCB) Department, National Productivity Centre, Headquarters, Abuja **Consultancy and Business Development Department National Productivity Centre, Imo State Office.



The paper examines the impact of human capital development on industrial sector in Nigeria from 1981 to 2015. Time series data and econometrics tools were used to test for the stationarity, causality and co-integration while Ordinary Least Squares (OLS) and Error Correction Model (ECM) were adopted to estimate the long-run and short-run impact and relationships among the economic variables. The OLS regression result shows that there is a positive relationship between human capital development and industrial sector in Nigeria in the long-run. Similarly, the Error Correction Model (ECM) result shows that human capital development has short run impact on industrial sector in Nigeria. This implies that human capital development has the potency to facilitate industrial sector growth in Nigeria but some major variables like government education expenditure, primary school and secondary school education sub-sectors have little or no significant impact on industrial sector in Nigeria. This may be due to problems facing these education sub-sectors in Nigeria such as overcrowding, low students-teachers’ ratio, poor teachers’ remunerations and inadequate funding. Majorly, graduates from these education sub-sectors are mainly unskilled and semi-skilled workers whose contributions to industrial process are limited due to the education curricular in practice in Nigeria. Therefore, the study recommends that government should revisit the curricular at all levels and design a mechanism to evaluate education activities for sustainable industrial development in Nigeria.

Keywords: Human Capital Development, Industrial Sector, Education, Industrial sector, Growth, Industrial development and Nigeria.




Capacity Building and Employees’ Performance in Dr Isa Mustapha Agwaii Polytechnic, Lafia, Nasarawa State, Nigeria


1Maku Sampson Hassan, 2Sylvester Umbugadu Aku   & 3Daniel Ashedzi Mercy

1Department of Business Administration and Management, School of Administration and Business Studies, Dr Isa Mustapha Agwai I Polytechnic, Lafia 2Department of Accountancy, School of Administration and Business Studies, Dr Isa Mustapha Agwai I Polytechnic, Lafia 3Department of Office Technology Management, School of Information and Comm. Technology, Dr Isa Mustapha Agwai I Polytechnic, Lafia



This empirical study explores the relationship between Capacity Building and Employees’ Performance in Dr Isa Mustapha Agwai I Polytechnic, Lafia, based on descriptive research design. Two research questions, objectives and hypotheses were formulated for the study. In this study, capacity building is measured with training and education, while employees’ performance is measured with productivity. Yamane‘s sample size determination formula was used in the study to obtain a sample size of 155 for the study. Both primary and secondary data were used. The 155 copies of questionnaire were administered to the teaching staff across the schools that constitute the Polytechnic, after proper validation by experts, returned and the data analyzed based on Karl Pearson Product Moment Correlation Coefficient (PPMCC)to get the two hypotheses formulated tested. Descriptive Statistics and frequencies were also performed on the data. The two research questions raised were analyzed using simple percentage and the hypotheses formulated were also tested at 05% confidence interval. The major Findings in the study are that; there are significant positive relationships between training, education and productivity in Dr Isa Mustapha Agwai I Polytechnic, Lafia. Thus, conclusion has been drawn that capacity building plays a significant role in improving the performance in terms of training and education of the academic staff of the Polytechnic. The study recommends among others, paying attention to academic staff training so as to enhance their commitment to work and consequently achieve the overall objectives of the institution.

Keywords: Capacity building, Employee’s Performance, Training, Education and Productivity




Interest Rate as a Key Monetary Instrument for Economic Growth: The Nigeria’s Experience


Dr. Mohammed Yusuf Gana

Department of Banking and Finance, College of Administrative and Business Studies, Bida Campus, Niger State Polytechnic, Zungeru.



The macroeconomic environment of Nigerian economy is characterized by instability which causes a major challenge to the economic growth of the country. The situation requires faithful application of the major monetary instruments in the implementation of the macroeconomic policies (monetary and fiscal). It is against this background that, this study sought to examine the effect of interest rate on the economic growth of Nigeria, 1999 – 2016. The study adopted ex – post facto research design, as data used were secondary data drawn from the publications of CBN and NBS. The Hypothesis which states that, Interest rate does not have a positive and significant effect on Economic growth (GDP) was formulated and tested, using the Ordinary Least Squares (OLS) multiple regression technique. The result emanating from this study indicates that, the null hypothesis is upheld. The conclusion of the study therefore, was that, Interest rate as a key monetary instrument, if properly applied, can be effective in achieving the desired macroeconomic targets, particularly, rapid economic growth. It is then recommended that, the monetary authorities should endeavour to keep, the interest rate, as low as possible, in order to achieve stable macroeconomic environment, for enhanced economic growth and development.

Keywords: Interest Rate, Economic Growth, Macroeconomic Policies, Monetary authorities, Instability.




Entrepreneurship: A Solution to Nigerians Socio-Economic Development in 21st Century


1Oloyede Kehinde Aro, 2Okonofua Stephen Oga & 3Momoh Daniel Rasheed

1&2Marketing Department, Auchi Polytechnic, Auchi, Edo State. 3Accountancy Department, Auchi Polytechnic, Auchi, Edo State.



The paper examines Entrepreneurship: A solution to Nigerians socio economic development in 21st century by considering the meaning of entrepreneurship, entrepreneur and its characteristics holistically. Also how to be an entrepreneurial with emphasis on thinker and giant and what need to be done by government in order to revamp the economy. The paper however, recommends a policy measure of the urgent need to set up ministry of entrepreneurship to provide guidance, training advice and sponsorship to actual and potential entrepreneurs.

Keywords:  Entrepreneurship, Solution, Nigerians, Socio-Economic, Development.




Entrepreneurship Marketing and the Odibo Apprentceship Model in Nigeria: A Transformational Approach for Increasing Performance in the Sub-Sahara Africa.


Achama Godwin Ikechukwu; Nwachukwu Chinweoke M. Charles; Nwaigbo John Esonwunne; & Onwumere Chinasa.

1Department of Business Administration and Management Imo State Polytechnic, Umuagwo.



This study evaluates the ‘odibo/umuboy’ apprenticeship system as a characteristic tool for increasing entrepreneurship performance and leadership development in Nigeria.The study further examined the implication of the master/servant entrepreneurship training as a tool for economic and entrepreneurship growth, self sustenance and poverty alleviation within and outside Nigeria. The objective was geared towards confirming if we can continue to assume that the past pattern of the ‘Umuboy’ model should continue, and if so can we with certainty continue to invest in such effort that support the next generation of entrepreneurs. The methodology here involved a review of current situation especially the existing training methods of academic or scholarly Entrepreneurship training and evaluated the departure by studying the master/servant model as currently applied to training people within the primary and post secondary levels in Igbo land in distribution Marketing techniques/entrepreneurship. The stratification sampling design in combination with cluster sampling was considered necessary to ensure matching between products, sample representatives and increased statistical precession. A combination of the exploratory, trend and explanatory research designs were used in specific alternatives as the case may be. Research questions and hypothesis were examined and tested in order to establish the success rate of the model and its effect on economic growth, sustainability, National integration and Development. The study determined the relationship between the beneficiaries of this model of training and increased entrepreneurial performance among others. Simple percentages, mean and chi-square statistics were used for data interpretation. From the findings, conclusion was drawn among others that the ‘odibo’ entrepreneurship model is a success and have contributed appreciably to reducing idleness, arm robbery and other social ills. The study recommended among others that the model should be copied and introduced by various state governments outside the eastern states to enable them grow individual entrepreneurs, improve leadership characteristics, skills, entrepreneurial spirit and cultural integration for national development.

Keywords: Entrepreneurship growth, educational orientation, sustainability, performance, economic growth, cultural integration, national development.




Effect of Irregular Payment of Emolument on Performance of Non-academic Staff in Tertiary Institutions of Borno State, Nigeria


1Kyari Zanna Sunoma; 2Ayuba Alhaji Aminu; & 3Musa Adamu

1,3Department of Business Administration, College of Business and Management Studies Konduga 2Department of Business Administration, University of Maiduguri, Nigeria



The main objective of the paper was to examine the effect of irregular payment of emolument on performance of non-academic staff in tertiary institutions of Borno state. The provision of proper emolument could be viewed as a mechanism for eliciting greater cooperation and commitment to task performance. A number of factors such as delays in payment of salary, delay in promotion benefits and pay cuts particularly of employees whom are expecting pay increase to augment their cost of living can have unexpected effects on performance. Explanations exist that such irregularities could damage employee morale leading to lower performances. The population of the study was 960. With a sample size of 282 respondents arrived at using Yamane’s formula. Data were collected using structured questionnaires administered to the respondents. The study used both descriptive and inferential statistics. Regression analysis with the aid of statistical package for social sciences was used to analyze the data collected. Findings of this study revealed that delay in payment of salary, pay cut and delay in payment of promotion benefits has significant effects on employee performance in the study area. Therefore, the study recommended that: Borno state government should ensure timely payment of salaries in order to induce employee commitment towards task performance. In terms of pay cut, Borno State Government should make consultation with non-academic staff unions in order to avoid industrial disputes. Borno State Government should also make adequate budget to meet up future demands in employee promotional cost and ensure prompt payment of such benefits.

Keywords: Delay in Payment of Salary, Pay Cuts, Delay in Promotion Benefits, Employees’ Performance




Cooperative Societies as an Alternative Source of Capital for Small and Medium Enterprises: An Empirical Investigation


Fasesin, Oladipo O1; Babalola, Olusola A2; Togun, Olaroyeke R1

1Department of Accountancy, Osun State Polytechnic, Iree, Nigeria. 2Department of Banking and Finance, Osun State Polytechnic, Iree, Nigeria.



The study examined the extent to which cooperative societies empower SMEs financially in Oyo State, Nigeria. A convenience sampling technique was used to select one hundred and sixteen (116) SME operators that are members of cooperatives societies in the selected three cities (Ibadan, Oyo Town, and Ogbomoso) from Oyo State. Data were collected via open and closed questionnaires.  Data analysis was performed with the aid of frequencies, percentages, Bar chart, Pie chart, Histogram, and Pearson chi-square. The study revealed that there are a positive and significant relationship between cooperative societies and financial inclusion of SMEs. The study also established that cooperative societies benefit their members by having access to loans without string conditions as applicable in conventional banks. Subsequently, it was recommended that cooperative societies should encourage members to have quick accessibility to loans and they should be faithful to repay their overdue loans. Also, the government should provide viable means of assisting cooperative societies to improve their management activities.

Keywords: Cooperative society, Loans, SMEs, finance inclusion, Members,




Resolving the Non Performing Loans in the Nigerian Banking Industry: An Asset Management Corporation Approach


Isa Fatima1 & Isa Rehanet2

1Department of Economics, Federal College of Education (FCE) Zaria, Kaduna State, Nigeria. 2Department of Business Education, Federal College of Education (FCE) Zaria, Kaduna State, Nigeria.



The banking crisis that ravaged the Nigerian banking sector in 2009 indicated a high level of nonperforming loans in the deposit money banks in Nigeria thus; the Asset Management Corporation of Nigeria (AMCON) was established by the Asset Management Corporation of Nigeria Act of 2010 to mop up these soaring nonperforming loans in the banking sector. The aim of this study is to examine the effectiveness of the Corporation as a tool for resolving the elevated nonperforming loans while examining the trend of the nonperforming loans ratios for 2 years prior and 8 years since the establishment of the Asset Management Corporation of Nigeria (2008-2017). A trend analysis was adopted on data sourced from secondary sources. The findings of the study revealed that due to the activities of the Asset Management Corporation of Nigeria, a continuous reduction in the nonperforming loans ratio has been recorded in the years since its inception however, an unabated rise in the nonperforming loans ratio was noticed commencing in the year 2015. This rise may be due to varying economic downturns that may have increased an insurgence of bad loans in the economy and reduced the Asset Management Corporation of Nigeria’s funds. The study thus recommends that the cause(s) for the rise in the nonperforming loans ratio be investigated and measures be taken to curb any further increment in the nonperforming loans ratio.

Keywords: Nonperforming loans, Nigerian Banking Industry, Asset Management Corporation of Nigeria, Nonperforming loans Ratio.




The Desirability Or Otherwise Of The Current Minimum Wage Issue In Nigeria: An Assesment Of The Past And Trending Issues.


*Usman Ali; **Usman Mohammed; ***Dauda Nathan Jamiyal; ****Muhammad Yunusa; & *****Bello Muhammad

*Library Unit-Gombe State Polytechnic, Bajoga. **Department of Public Administration-Gombe State Polytechnic, Bajoga. ***Department of General Studies-Gombe State Polytechnic, Bajoga. ****Department of Accounting-Gombe State Polytechnic, Bajoga. *****Department of Public Administration, Gombe State University.



Minimum wage is a very controversial issue in most countries of the world which has generated series of strikes due to the inability of workers to satisfy their basic necessities of life. In recent times Nigeria is engulfed with the crisis of the 30,000 minimum wage issue. This study therefore investigated the phenomenon through a qualitative research approach using past events and trending issues and found out that the new minimum wage is desirable but may not be adequate due to some socio cultural and economic setting and also corruption, lack of autonomy of local government, lack of political will constitute challenges that hinder the operation of the new minimum wage policy and as such the study recommends  that the government should look beyond the 30,000 minimum wage and come up with strategies that will have other sectors of the economy create employment opportunities especially in the rural areas. 

Keywords: Nigerian, Political, Minimum Wage, Current, Desirability.




Corporate Board Efficacy and Quality Reporting Among Firms in Nigeria


Kabir Ibrahim

Accountancy Department, Federal Polytechnic, Bali.



The study examines the association between corporate governance attributes and disclosure of material weakness as a measure to ensuring quality financial reporting. Using descriptive analysis of a sample of 72 firms in Nigeria, the study find that material weakness disclosure was positively related to some aspects of corporate governance attributes, such as board independence and audit committee independence. Furthermore, the study finds that MW disclosure is also associated with financial expertise. The study concludes that board and audit committee traits are associated with financial reporting quality, thus compliance with regulatory policy by firms are in place. The study is limited to companies listed on the Nigerian stock exchange, as at December, 2019, further study can be extends to COVID 19 period in the preparation and presentation of financial statements considering compliance with NCDC guidelines in the country.

Keywords: corporate governance, audit committee, financial expertise, material weakness disclosure




Corporate Survival in a Competitive Market: Growth Strategies

*Adeniran, Emmanuel Gbadebo; **Afonja, Johnson Adelere; & ***OLAITAN, Olumide Olatunde

*Department of Banking and Finance, the Oke Ogun Polytechnic, Saki **Banking and Finance Department, the Polytechnic, Ibadan ***Accountancy Department, the Oke Ogun Polytechnic, Saki



The study investigated the pratical business strategies of Kariggigton Company for survival and growth in a competitive business environment in Nigeria. A Case research design was used and purposive sampling techniques was adopted to select a sample size of 24 management staff and 31 clients of Karrington Company in Lagos State. Data generated through questionnaire were analysed using descriptive statistical tools and chi-square (X2). Finding revealed that quality control (Cal X2 =41.129, df-3 p(.000)<.05) and modern technology (cal. 22 = 12.452, df-2; p(.002) <(05) have significant effecton corporate survival and growth of karrington company in Nigeria. The study therefore concluded that, the total quality management strategy together with modern technology must be adopted by any organization that want to grow in a competitive market. Based on this finding, the study therefore recommends that the management must adopt corporate strategy particularly quality control and modern technology so as to have strategic advantage or edge over their competitors and to secure customer loyalty for a long period of time. Finally, quality management to be adopted by any organization must meet the international standard to enable the company products or services to compete effectively in the global market.

Keywords:   Competitive Market, Corporate Survival, Growth Strategies, Quality control, Business Environment.




Effect of Technological Change on Entrepreneurial Performance in Selected Entrepreneur in Ilorin West Local Government, Kwara State


*Dangana Kayode Abiodun; **Mrs.Alice Adepeju Amoo; & ***Brimah, Aminu Nasri (Ph.D) 

*Purchasing and Supply Department, Kwara State Polytechnic, Ilorin, Kwara State, Nigeria. **Business Administration and Management Department, Kwara State Polytechnic, Ilorin, Kwara State, Nigeria. ***Department of Business and Entrepreneurship, Kwara State University, Malete, Kwara State, Nigeria



The use of technology in Nigeria is increasing and dramatically growing in almost all human endeavors especially in entrepreneurship development. The research work investigated the effects of technological change on entrepreneurial performance in the selected entrepreneurs in Ilorin West Local Government of Kwara State. Two hypotheses were formulated and tested using correlation, regression analysis.  The analysis was done using Pearson correlation and analysis of variance (Anova) with the aid of statistical package for social science (SPSS). The finding from the study revealed, positive, that technological change has effects on entrepreneurial performance, it was recommended that the organization should imbibe in the culture of innovative in technology to enhance performance efficiently and effectively.

Keywords: Entrepreneurial performance, Technological Change, Increase in Output, Time Saving and Cost Reduction.



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